Patriot Capital is pleased to announce a new subordinated debt investment to support Audax Private Equity in their existing platform, United Urology Group (UUG). Patriot’s investment supports UUG’s continued expansion of its existing Arizona footprint, with the acquisitions of Arizona Institute of Urology and Urological Associates of Southern Arizona.
Headquartered in Owings Mills, MD, United Urology Group is a leading urology management services organization whose member groups of urology practices include: Arizona Urology Specialists with offices in the greater Phoenix/Scottsdale area; Chesapeake Urology, with offices located throughout Maryland and Delaware; Tennessee Urology, based in the greater Knoxville area and Eastern Tennessee; and Colorado Urology, located in the greater Denver and Front Range areas.
UUG members’ collective staff number more than 1,500 employees, including 220+ physicians and advanced practice providers. UUG’s vision is to be the nation’s leading urologic group practice through its commitment to accessible, high quality, cost effective care, patient satisfaction, and community involvement, assuring sustainable growth and security for its physicians and employees.
This is Patriot Capital’s 11th investment in healthcare services. For more information or industry knowledge sharing, please contact Stacey Wittelsberger.
For more information on this transaction, please contact Stacey Wittelsberger, Charles McCusker or Sean Bilbrough.